AVLC vs. FTC ETF Comparison

Comparison of Avantis U.S. Large Cap Equity ETF (AVLC) to First Trust Large Cap Growth AlphaDEX Fund (based on the Defined Large Cap Growth Index) (FTC)

AVLC

Avantis U.S. Large Cap Equity ETF

AVLC Description

The fund invests primarily in a diverse group of U.S. companies across market sectors and industry groups. The fund seeks securities of companies that it expects to have higher returns by placing an enhanced emphasis on securities of companies with higher profitability and value characteristics. Conversely, the fund seeks to underweight or exclude securities it expects to have lower returns, such as securities of companies with lower levels of profitability and less attractive value characteristics

Grade (RS Rating)

Last Trade

$70.16

Average Daily Volume

19,482

Number of Holdings ^*

976

* may have additional holdings in another (foreign) market

FTC

First Trust Large Cap Growth AlphaDEX Fund (based on the Defined Large Cap Growth Index)

FTC Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the Defined Large Cap Growth Index. The fund will normally invest at least 90% of its net assets in common stocks that comprise the index. The index is a modified equal-dollar weighted index designed by S&P to objectively identify and select stocks from the S&P 500(R) Growth Index that may generate positive alpha relative to traditional passive-style indices through the use of the AlphaDEX(R) selection methodology. It is non-diversified.

Grade (RS Rating)

Last Trade

$147.10

Average Daily Volume

33,503

Number of Holdings ^*

186

* may have additional holdings in another (foreign) market

Performance

Period	AVLC	FTC
30 Days	4.71%	9.08%
60 Days	6.29%	12.23%
90 Days	7.72%	15.96%
12 Months	33.08%	42.15%

170 Overlapping Holdings

Symbol	Grade	Weight in AVLC	Weight in FTC	Overlap
A	D	0.06%	0.14%	0.06%
AAPL	C	5.24%	0.33%	0.33%
ACGL	D	0.15%	0.74%	0.15%
ADP	B	0.36%	0.18%	0.18%
ADSK	A	0.09%	0.37%	0.09%
AJG	B	0.05%	0.51%	0.05%
ALL	A	0.2%	0.86%	0.2%
ALNY	D	0.04%	0.62%	0.04%
AMGN	D	0.19%	0.31%	0.19%
AMP	A	0.26%	0.8%	0.26%
AMZN	C	3.03%	0.38%	0.38%
ANET	C	0.15%	0.67%	0.15%
AON	A	0.1%	0.18%	0.1%
APH	A	0.12%	0.37%	0.12%
APO	B	0.16%	0.64%	0.16%
APP	B	0.16%	1.81%	0.16%
ARES	A	0.02%	0.36%	0.02%
AVGO	D	1.11%	0.66%	0.66%
AXON	A	0.05%	1.26%	0.05%
AXP	A	0.4%	0.89%	0.4%
AZO	C	0.05%	0.33%	0.05%
BAH	F	0.03%	0.63%	0.03%
BK	A	0.18%	0.9%	0.18%
BKNG	A	0.13%	0.57%	0.13%
BLD	D	0.03%	0.3%	0.03%
BR	A	0.04%	0.51%	0.04%
BRK.A	B	0.67%	0.49%	0.49%
BRO	B	0.02%	0.7%	0.02%
BSX	B	0.12%	0.7%	0.12%
BURL	A	0.11%	0.85%	0.11%
CASY	A	0.08%	0.53%	0.08%
CAT	B	0.52%	0.66%	0.52%
CBOE	B	0.03%	0.32%	0.03%
CCL	B	0.13%	0.88%	0.13%
CEG	D	0.11%	0.72%	0.11%
CHD	B	0.05%	0.17%	0.05%
CL	D	0.18%	0.43%	0.18%
CMG	B	0.23%	0.17%	0.17%
COIN	C	0.08%	0.52%	0.08%
COST	B	0.94%	0.69%	0.69%
CPAY	A	0.04%	0.39%	0.04%
CPNG	D	0.12%	0.86%	0.12%
CRM	B	0.44%	0.2%	0.2%
CRWD	B	0.11%	0.2%	0.11%
CSL	C	0.13%	0.49%	0.13%
CTAS	B	0.12%	0.7%	0.12%
CVNA	B	0.09%	1.15%	0.09%
DASH	A	0.06%	1.01%	0.06%
DECK	A	0.16%	0.54%	0.16%
DELL	C	0.05%	0.38%	0.05%
DKNG	B	0.01%	0.17%	0.01%
DOV	A	0.03%	0.35%	0.03%
ECL	D	0.06%	0.47%	0.06%
EFX	F	0.02%	0.43%	0.02%
EME	C	0.14%	0.96%	0.14%
ERIE	D	0.02%	0.63%	0.02%
ETN	A	0.14%	0.36%	0.14%
EXPE	B	0.04%	1.03%	0.04%
FAST	B	0.2%	0.19%	0.19%
FCNCA	A	0.12%	0.78%	0.12%
FI	A	0.07%	0.78%	0.07%
FICO	B	0.08%	1.0%	0.08%
FSLR	F	0.1%	0.65%	0.1%
FTNT	C	0.23%	0.59%	0.23%
GDDY	A	0.08%	0.98%	0.08%
GE	D	0.2%	0.63%	0.2%
GOOGL	C	1.57%	0.17%	0.17%
GPN	B	0.01%	0.18%	0.01%
GRMN	B	0.1%	0.8%	0.1%
GS	A	0.44%	0.99%	0.44%
GWW	B	0.23%	0.55%	0.23%
HCA	F	0.05%	0.71%	0.05%
HEI	B	0.01%	0.88%	0.01%
HEI	B	0.01%	0.88%	0.01%
HLT	A	0.05%	0.53%	0.05%
HOOD	B	0.05%	0.92%	0.05%
HUBB	B	0.04%	0.5%	0.04%
HWM	A	0.05%	0.94%	0.05%
IBM	C	0.27%	0.63%	0.27%
ICE	C	0.07%	0.47%	0.07%
IR	B	0.05%	0.35%	0.05%
ISRG	A	0.18%	0.53%	0.18%
IT	C	0.09%	0.35%	0.09%
ITW	B	0.12%	0.17%	0.12%
JPM	A	1.19%	0.76%	0.76%
KKR	A	0.15%	0.96%	0.15%
KLAC	D	0.21%	0.13%	0.13%
KMB	D	0.14%	0.15%	0.14%
KO	D	0.4%	0.29%	0.29%
LII	A	0.09%	0.68%	0.09%
LIN	D	0.21%	0.15%	0.15%
LLY	F	0.79%	0.3%	0.3%
LPLA	A	0.1%	0.22%	0.1%
LVS	C	0.09%	0.47%	0.09%
LYV	A	0.02%	0.79%	0.02%
MA	C	0.66%	0.17%	0.17%
MANH	D	0.06%	0.48%	0.06%
MAR	B	0.05%	0.38%	0.05%
MCD	D	0.16%	0.33%	0.16%
MCO	B	0.1%	0.49%	0.1%
META	D	2.26%	0.67%	0.67%
MKL	A	0.12%	0.18%	0.12%
MMC	B	0.09%	0.33%	0.09%
MO	A	0.09%	0.36%	0.09%
MPWR	F	0.04%	0.21%	0.04%
MSCI	C	0.05%	0.17%	0.05%
MSI	B	0.23%	0.73%	0.23%
MSTR	C	0.09%	0.32%	0.09%
MTD	D	0.03%	0.13%	0.03%
MU	D	0.17%	0.16%	0.16%
NDAQ	A	0.02%	0.52%	0.02%
NEE	D	0.07%	0.59%	0.07%
NFLX	A	0.48%	0.57%	0.48%
NOW	A	0.3%	0.77%	0.3%
NRG	B	0.05%	0.84%	0.05%
NTAP	C	0.06%	0.47%	0.06%
NTRS	A	0.11%	0.78%	0.11%
NVDA	C	4.82%	0.81%	0.81%
ORCL	B	0.42%	0.73%	0.42%
ORLY	B	0.07%	0.35%	0.07%
OTIS	C	0.04%	0.32%	0.04%
PANW	C	0.19%	0.38%	0.19%
PAYX	C	0.17%	0.18%	0.17%
PCG	A	0.13%	0.71%	0.13%
PEG	A	0.1%	0.65%	0.1%
PG	A	0.39%	0.16%	0.16%
PGR	A	0.46%	0.85%	0.46%
PH	A	0.09%	0.74%	0.09%
PLTR	B	0.18%	1.32%	0.18%
PM	B	0.18%	0.7%	0.18%
PWR	A	0.09%	0.9%	0.09%
QCOM	F	0.48%	0.16%	0.16%
RBLX	C	0.01%	0.79%	0.01%
RCL	A	0.28%	1.09%	0.28%
RIVN	F	0.03%	0.31%	0.03%
RMD	C	0.07%	0.63%	0.07%
ROL	B	0.03%	0.33%	0.03%
ROST	C	0.21%	0.32%	0.21%
RSG	A	0.04%	0.35%	0.04%
SHW	A	0.14%	0.68%	0.14%
SO	D	0.13%	0.47%	0.13%
SPGI	C	0.09%	0.48%	0.09%
SYK	C	0.12%	0.17%	0.12%
TDG	D	0.07%	0.59%	0.07%
THC	D	0.02%	0.82%	0.02%
TJX	A	0.44%	0.5%	0.44%
TMUS	B	0.31%	0.77%	0.31%
TPL	A	0.13%	0.75%	0.13%
TRGP	B	0.27%	1.08%	0.27%
TSCO	D	0.17%	0.46%	0.17%
TSLA	B	0.78%	0.4%	0.4%
TT	A	0.14%	0.88%	0.14%
TTD	B	0.05%	0.56%	0.05%
TYL	B	0.04%	0.51%	0.04%
UBER	D	0.09%	0.46%	0.09%
URI	B	0.2%	0.87%	0.2%
UTHR	C	0.1%	0.9%	0.1%
VLTO	D	0.06%	0.45%	0.06%
VRT	B	0.13%	1.01%	0.13%
VRTX	F	0.25%	0.17%	0.17%
VST	B	0.13%	0.97%	0.13%
WAB	B	0.04%	0.9%	0.04%
WAT	B	0.05%	0.17%	0.05%
WDAY	B	0.08%	0.18%	0.08%
WM	A	0.13%	0.17%	0.13%
WMB	A	0.29%	0.41%	0.29%
WSM	B	0.11%	0.28%	0.11%
WSO	A	0.05%	0.52%	0.05%
XYL	D	0.04%	0.44%	0.04%
ZTS	D	0.2%	0.14%	0.14%

AVLC Overweight 806 Positions Relative to FTC

Symbol	Grade	Weight
MSFT	F	4.39%
GOOG	C	1.3%
XOM	B	1.04%
CVX	A	0.64%
WMT	A	0.64%
V	A	0.59%
HD	A	0.58%
JNJ	D	0.58%
WFC	A	0.55%
UNP	C	0.47%
VZ	C	0.45%
T	A	0.42%
BAC	A	0.42%
MELI	D	0.39%
CMCSA	B	0.38%
COP	C	0.38%
ABBV	D	0.38%
AMAT	F	0.36%
UNH	C	0.36%
MS	A	0.35%
GILD	C	0.35%
LRCX	F	0.34%
ADBE	C	0.33%
MRK	F	0.32%
ACN	C	0.32%
PYPL	B	0.32%
GM	B	0.31%
AMD	F	0.31%
EOG	A	0.3%
DE	A	0.3%
CSCO	B	0.3%
TGT	F	0.29%
PEP	F	0.27%
INTU	C	0.27%
FDX	B	0.26%
TRV	B	0.26%
TXN	C	0.26%
CSX	B	0.26%
PCAR	B	0.25%
C	A	0.23%
LMT	D	0.23%
COF	B	0.23%
USB	A	0.23%
LNG	B	0.23%
DAL	C	0.23%
APD	A	0.22%
NSC	B	0.22%
CB	C	0.22%
PNC	B	0.22%
MPC	D	0.22%
CMI	A	0.21%
SCHW	B	0.21%
ABT	B	0.2%
F	C	0.2%
OKE	A	0.2%
MET	A	0.2%
KR	B	0.2%
AIG	B	0.2%
MMM	D	0.19%
TFC	A	0.19%
UPS	C	0.19%
HIG	B	0.19%
HES	B	0.19%
AFL	B	0.19%
UAL	A	0.19%
PSX	C	0.19%
DIS	B	0.18%
PRU	A	0.18%
BMY	B	0.18%
FCX	D	0.18%
BLK	C	0.18%
BKR	B	0.18%
VLO	C	0.17%
NKE	D	0.17%
LEN	D	0.17%
FANG	D	0.17%
NUE	C	0.16%
DUK	C	0.16%
INTC	D	0.16%
RTX	C	0.16%
ADI	D	0.15%
OXY	D	0.15%
TMO	F	0.15%
PFE	D	0.15%
HON	B	0.15%
SYF	B	0.15%
LULU	C	0.15%
REGN	F	0.14%
FITB	A	0.14%
DOW	F	0.14%
AEP	D	0.14%
DVN	F	0.14%
MLM	B	0.14%
EBAY	D	0.14%
ODFL	B	0.14%
CTSH	B	0.13%
IP	B	0.13%
DHR	F	0.13%
HAL	C	0.13%
ELV	F	0.13%
GEV	B	0.13%
SNPS	B	0.12%
BBY	D	0.12%
MTB	A	0.12%
CDNS	B	0.12%
MDT	D	0.12%
CME	A	0.12%
ETR	B	0.12%
SFM	A	0.12%
PHM	D	0.12%
DHI	D	0.12%
LOW	D	0.12%
STLD	B	0.12%
PKG	A	0.12%
ON	D	0.12%
VRSK	A	0.12%
HBAN	A	0.11%
ULTA	F	0.11%
BX	A	0.11%
MRVL	B	0.11%
OC	A	0.11%
ADM	D	0.11%
MRO	B	0.11%
IDXX	F	0.11%
XEL	A	0.11%
LYB	F	0.11%
EQT	B	0.11%
RJF	A	0.11%
DRI	B	0.1%
CPRT	A	0.1%
TROW	B	0.1%
STT	A	0.1%
FLEX	A	0.1%
RPM	A	0.1%
SW	A	0.1%
CTRA	B	0.1%
FIX	A	0.1%
JBL	B	0.1%
NVR	D	0.1%
KMI	A	0.1%
EXC	C	0.1%
VTRS	A	0.09%
EXPD	D	0.09%
EQH	B	0.09%
ROP	B	0.09%
MDLZ	F	0.09%
SLB	C	0.09%
GLW	B	0.09%
PFG	D	0.09%
COR	B	0.09%
SBUX	A	0.09%
HSY	F	0.09%
EIX	B	0.09%
TXRH	C	0.09%
CF	B	0.09%
CNC	D	0.08%
OVV	B	0.08%
EG	C	0.08%
EW	C	0.08%
NXPI	D	0.08%
JBHT	C	0.08%
RGA	A	0.08%
BG	F	0.08%
LUV	C	0.08%
BJ	A	0.08%
SNA	A	0.08%
DKS	C	0.08%
RF	A	0.08%
AEE	A	0.08%
CTVA	C	0.08%
TPR	B	0.08%
FNF	B	0.08%
JEF	A	0.08%
HPE	B	0.08%
FTI	A	0.08%
ED	D	0.08%
NCLH	B	0.08%
DFS	B	0.08%
CFG	B	0.08%
EWBC	A	0.08%
SQ	B	0.07%
DTE	C	0.07%
L	A	0.07%
SWKS	F	0.07%
CINF	A	0.07%
WCC	B	0.07%
MOH	F	0.07%
PAYC	B	0.07%
MCK	B	0.07%
SAIA	B	0.07%
JXN	C	0.07%
DLTR	F	0.07%
WRB	A	0.07%
ABNB	C	0.07%
MLI	C	0.07%
SPOT	B	0.07%
SYY	B	0.07%
TOL	B	0.07%
INGR	B	0.07%
POOL	C	0.07%
CI	F	0.07%
PPL	B	0.07%
RS	B	0.07%
MUSA	A	0.07%
BLDR	D	0.07%
RNR	C	0.07%
SRE	A	0.07%
PRI	A	0.07%
EXP	A	0.07%
UNM	A	0.06%
ALLY	C	0.06%
PR	B	0.06%
COKE	C	0.06%
KVUE	A	0.06%
WAL	B	0.06%
UHS	D	0.06%
CMA	A	0.06%
LECO	B	0.06%
IFF	D	0.06%
ATI	D	0.06%
GL	B	0.06%
BA	F	0.06%
WMS	D	0.06%
CMS	C	0.06%
CARR	D	0.06%
GPC	D	0.06%
GNRC	B	0.06%
AFG	A	0.06%
GPK	C	0.06%
CLX	B	0.06%
BWXT	B	0.06%
FIS	C	0.06%
DCI	B	0.06%
PFGC	B	0.06%
EA	A	0.06%
DG	F	0.06%
ANF	C	0.06%
KEYS	A	0.06%
DD	D	0.06%
LPX	B	0.06%
CBRE	B	0.06%
BALL	D	0.06%
AES	F	0.06%
VMI	B	0.05%
ORI	A	0.05%
ENSG	D	0.05%
CROX	D	0.05%
NOC	D	0.05%
ZM	B	0.05%
CVS	D	0.05%
TAP	C	0.05%
TSN	B	0.05%
WFRD	D	0.05%
MOS	F	0.05%
FOXA	B	0.05%
KDP	D	0.05%
SKX	D	0.05%
JLL	D	0.05%
DXCM	D	0.05%
KHC	F	0.05%
RHI	B	0.05%
PNW	B	0.05%
WBS	A	0.05%
MKTX	D	0.05%
ZBH	C	0.05%
ARW	D	0.05%
CBT	C	0.05%
HUM	C	0.05%
WTFC	A	0.05%
VMC	B	0.05%
ATO	A	0.05%
MTDR	B	0.05%
AAON	B	0.05%
MCHP	D	0.05%
D	C	0.05%
GD	F	0.05%
TER	D	0.05%
HPQ	B	0.05%
SNOW	C	0.05%
CDW	F	0.05%
KMX	B	0.05%
BWA	D	0.05%
ALV	C	0.05%
PPG	F	0.05%
HUBS	A	0.05%
DDOG	A	0.05%
EVRG	A	0.05%
TXT	D	0.05%
CHRD	D	0.05%
VEEV	C	0.05%
STZ	D	0.05%
AIZ	A	0.05%
UFPI	B	0.05%
ZION	B	0.05%
LNTH	D	0.05%
AIT	A	0.05%
GGG	B	0.05%
FYBR	D	0.05%
WST	C	0.05%
AME	A	0.05%
AXS	A	0.05%
DOCU	A	0.05%
FND	C	0.05%
CRBG	B	0.05%
BDX	F	0.05%
TEAM	A	0.05%
R	B	0.05%
KNSL	B	0.05%
EMR	A	0.05%
CHTR	C	0.05%
KEY	B	0.05%
RL	B	0.05%
ATR	B	0.05%
AGCO	D	0.04%
EVR	B	0.04%
DTM	B	0.04%
AWI	A	0.04%
SSD	D	0.04%
TWLO	A	0.04%
LNT	A	0.04%
STE	F	0.04%
KNX	B	0.04%
FMC	D	0.04%
SNX	C	0.04%
KEX	C	0.04%
NBIX	C	0.04%
ILMN	D	0.04%
NSIT	F	0.04%
PSTG	D	0.04%
JCI	C	0.04%
XPO	B	0.04%
YUM	B	0.04%
IQV	D	0.04%
DINO	D	0.04%
FN	D	0.04%
LH	C	0.04%
ROK	B	0.04%
CMC	B	0.04%
NET	B	0.04%
CRUS	D	0.04%
ALGN	D	0.04%
APTV	D	0.04%
MTG	C	0.04%
OGE	B	0.04%
WCN	A	0.04%
HII	D	0.04%
TREX	C	0.04%
ITT	A	0.04%
KBH	D	0.04%
KD	B	0.04%
CSGP	D	0.04%
WEC	A	0.04%
AXTA	A	0.04%
SOFI	A	0.04%
RRC	B	0.04%
CLH	B	0.04%
JKHY	D	0.04%
JAZZ	B	0.04%
CRS	A	0.04%
FHN	A	0.04%
ANSS	B	0.04%
GAP	C	0.04%
LSTR	D	0.04%
EPAM	C	0.04%
SF	B	0.04%
CBSH	A	0.04%
FDS	B	0.04%
AYI	B	0.04%
CHX	C	0.04%
CFR	B	0.04%
OMF	A	0.04%
EMN	D	0.04%
MHK	D	0.04%
DOX	D	0.03%
MEDP	D	0.03%
LDOS	C	0.03%
GWRE	A	0.03%
IBKR	A	0.03%
COHR	B	0.03%
MOD	A	0.03%
SCI	B	0.03%
LAD	A	0.03%
IBP	D	0.03%
CHRW	C	0.03%
BCC	B	0.03%
G	B	0.03%
MRNA	F	0.03%
GMED	A	0.03%
TKR	D	0.03%
DY	D	0.03%
IEX	B	0.03%
FAF	A	0.03%
ENLC	A	0.03%
UHAL	D	0.03%
RLI	B	0.03%
GME	C	0.03%
NWSA	B	0.03%
FFIV	B	0.03%
X	C	0.03%
AFRM	B	0.03%
HALO	F	0.03%
BIIB	F	0.03%
OLN	D	0.03%
PEGA	A	0.03%
NYT	C	0.03%
ZS	C	0.03%
CTLT	B	0.03%
AWK	D	0.03%
ZBRA	B	0.03%
MTZ	B	0.03%
MDB	C	0.03%
PODD	C	0.03%
HLNE	B	0.03%
WWD	B	0.03%
EXPO	D	0.03%
NU	C	0.03%
VOYA	B	0.03%
BMRN	D	0.03%
STX	D	0.03%
LHX	C	0.03%
WDC	D	0.03%
MUR	D	0.03%
AM	A	0.03%
PVH	C	0.03%
AKAM	D	0.03%
HOLX	D	0.03%
GNTX	C	0.03%
EHC	B	0.03%
RGLD	C	0.03%
EXEL	B	0.03%
TTWO	A	0.03%
GEHC	F	0.03%
INCY	C	0.03%
ESNT	D	0.03%
MAT	D	0.03%
SEIC	B	0.03%
AA	B	0.03%
GIS	D	0.03%
PTC	A	0.03%
K	A	0.03%
ALK	C	0.03%
CW	B	0.03%
SSB	B	0.03%
CAH	B	0.03%
BPOP	B	0.03%
VFC	C	0.03%
TTC	D	0.03%
TDY	B	0.03%
CIEN	B	0.03%
WBD	C	0.03%
CIVI	D	0.03%
APA	D	0.03%
AR	B	0.03%
MNST	C	0.03%
PNFP	B	0.03%
LEA	D	0.03%
CLF	F	0.03%
CVLT	B	0.03%
AVY	D	0.03%
HRB	D	0.03%
SNV	B	0.03%
AOS	F	0.03%
ONB	B	0.03%
PCTY	B	0.02%
PNR	A	0.02%
EXLS	B	0.02%
LNW	D	0.02%
ROIV	C	0.02%
MSA	D	0.02%
BC	C	0.02%
INSM	C	0.02%
FRPT	B	0.02%
MAS	D	0.02%
RBC	A	0.02%
TRU	D	0.02%
PPC	C	0.02%
OMC	C	0.02%
SWK	D	0.02%
CHH	A	0.02%
QRVO	F	0.02%
OKTA	C	0.02%
HRL	D	0.02%
ARMK	B	0.02%
FCN	D	0.02%
AZN	D	0.02%
BAX	D	0.02%
MDU	D	0.02%
NVT	B	0.02%
HOMB	A	0.02%
ALSN	B	0.02%
OZK	B	0.02%
WTW	B	0.02%
FSS	B	0.02%
ROKU	D	0.02%
OLED	D	0.02%
ONTO	D	0.02%
CNM	D	0.02%
NOV	C	0.02%
HAS	D	0.02%
SIGI	C	0.02%
DAR	C	0.02%
BRKR	D	0.02%
BMI	B	0.02%
HLI	B	0.02%
FLR	B	0.02%
GLOB	B	0.02%
JHG	A	0.02%
FE	C	0.02%
OLLI	D	0.02%
Z	A	0.02%
MMSI	B	0.02%
AMCR	D	0.02%
MOG.A	B	0.02%
CHE	D	0.02%
FLS	B	0.02%
DOCS	C	0.02%
TOST	B	0.02%
LFUS	F	0.02%
TECH	D	0.02%
SWX	B	0.02%
ES	D	0.02%
CCK	C	0.02%
FBIN	D	0.02%
VRSN	F	0.02%
LW	C	0.02%
MTH	D	0.02%
SN	D	0.02%
EL	F	0.02%
DT	C	0.02%
CNP	B	0.02%
COOP	B	0.02%
CG	A	0.02%
NEM	D	0.02%
ENTG	D	0.02%
OSK	B	0.02%
CSWI	A	0.02%
PINS	D	0.02%
FOX	A	0.02%
M	D	0.02%
HESM	B	0.02%
MGY	A	0.02%
PCVX	D	0.02%
NTRA	B	0.02%
JNPR	F	0.02%
QLYS	C	0.02%
TW	A	0.02%
IVZ	B	0.02%
SON	D	0.02%
RVTY	F	0.02%
TMHC	B	0.02%
AMKR	D	0.02%
RVMD	C	0.02%
MASI	A	0.02%
CHDN	B	0.02%
LBRDK	C	0.02%
CADE	B	0.02%
TRMB	B	0.02%
ALLE	D	0.02%
TPX	B	0.02%
ACM	A	0.02%
RPRX	D	0.02%
TFX	F	0.02%
WLK	D	0.02%
NTNX	A	0.02%
NI	A	0.02%
PB	A	0.02%
SATS	D	0.02%
GFS	C	0.01%
SNAP	C	0.01%
LYFT	C	0.01%
SEE	C	0.01%
RMBS	C	0.01%
ELF	C	0.01%
FLUT	A	0.01%
H	B	0.01%
PAG	B	0.01%
NEU	C	0.01%
SMMT	D	0.01%
IONS	F	0.01%
ADTN	A	0.01%
PI	D	0.01%
RRX	B	0.01%
ZG	A	0.01%
CE	F	0.01%
BBWI	D	0.01%
CFLT	B	0.01%
TNET	D	0.01%
CYTK	F	0.01%
CHWY	B	0.01%
LCID	F	0.01%
AAL	B	0.01%
GTLS	B	0.01%
U	C	0.01%
CWEN	C	0.01%
TDW	F	0.01%
EXAS	D	0.01%
RGEN	D	0.01%
LEN	D	0.01%
VAL	D	0.01%
NOVT	D	0.01%
VERX	B	0.01%
SUM	B	0.01%
ALTR	B	0.01%
WYNN	D	0.01%
CACC	D	0.01%
PEN	B	0.01%
WTRG	B	0.01%
CAG	D	0.01%
CPB	D	0.01%
NDSN	B	0.01%
GXO	B	0.01%
HQY	B	0.01%
NXST	C	0.01%
PATH	C	0.01%
AVAV	D	0.01%
NWS	B	0.01%
HXL	D	0.01%
ESAB	B	0.01%
DDS	B	0.01%
BRBR	A	0.01%
PCOR	B	0.01%
NPAB	B	0.01%
ACHC	F	0.01%
PSN	D	0.01%
IPG	D	0.01%
DLB	B	0.01%
FOUR	B	0.01%
MORN	B	0.01%
GTLB	B	0.01%
HSIC	B	0.01%
BROS	B	0.01%
MTN	C	0.01%
SOLV	C	0.01%
MKSI	C	0.01%
KRYS	B	0.01%
AGR	B	0.01%
BILL	A	0.01%
CWAN	B	0.01%
RRR	D	0.01%
LSCC	D	0.01%
ESTC	C	0.01%
UI	A	0.01%
CWST	A	0.01%
SSNC	B	0.01%
DBX	B	0.01%
VRNS	D	0.01%
LKQ	D	0.01%
DUOL	A	0.01%
MTCH	D	0.01%
ATKR	C	0.01%
BSY	D	0.01%
BECN	B	0.01%
VNT	B	0.01%
CACI	D	0.01%
USFD	A	0.01%
APPF	B	0.01%
AVTR	F	0.01%
PARA	C	0.01%
MARA	C	0.01%
BOKF	B	0.01%
OGN	D	0.01%
SJM	D	0.01%
J	F	0.01%
RYAN	B	0.01%
SRPT	D	0.01%
BERY	B	0.01%
MTSI	B	0.01%
KBR	F	0.01%
IDA	A	0.01%
XP	F	0.01%
LEVI	F	0.01%
WEX	D	0.01%
CRL	C	0.01%
MGM	D	0.01%
BEN	C	0.01%
AZEK	A	0.01%
MIDD	C	0.01%
BCPC	B	0.01%
ENPH	F	0.01%
DGX	A	0.01%
NFG	A	0.01%
LUMN	C	0.01%
AN	C	0.01%
BYD	C	0.01%
VVV	F	0.01%
SPSC	C	0.01%
WTS	B	0.01%
BIO	D	0.01%
SMAR	A	0.01%
TTEK	F	0.01%
PLNT	A	0.01%
ZWS	B	0.01%
LNC	B	0.01%
MDGL	B	0.01%
MKC	D	0.01%
WSC	D	0.01%
GKOS	B	0.01%
PFSI	D	0.01%
SITE	D	0.01%
WING	D	0.01%
DVA	B	0.01%
IOT	A	0.01%
VKTX	F	0.01%
AL	B	0.01%
PBF	D	0.01%
FTV	C	0.01%
THO	B	0.01%
ELAN	D	0.01%
FIVE	F	0.01%
SM	B	0.01%
SMCI	F	0.01%
CR	A	0.01%
WH	B	0.01%
ALB	C	0.01%
LANC	C	0.01%
ITCI	C	0.01%
AUR	C	0.01%
CELH	F	0.01%
S	B	0.01%
DPZ	C	0.01%
CGNX	C	0.01%
NVST	B	0.0%
TPG	A	0.0%
CRSP	D	0.0%
WOLF	F	0.0%
WHR	B	0.0%
RARE	D	0.0%
AGL	F	0.0%
EMBC	C	0.0%
KLG	C	0.0%
HIMS	B	0.0%
SEDG	F	0.0%
COTY	F	0.0%
FG	B	0.0%
CNXC	F	0.0%
FFIN	B	0.0%
IMVT	F	0.0%
DXC	B	0.0%
RNA	D	0.0%
SPB	C	0.0%
TXG	F	0.0%
SIRI	C	0.0%
WBA	F	0.0%
SAM	C	0.0%
UGI	A	0.0%
BRZE	C	0.0%
CRVL	A	0.0%
BBIO	F	0.0%
GBCI	B	0.0%
UHAL	D	0.0%
AGO	B	0.0%
APLS	D	0.0%
IPGP	D	0.0%
INFA	D	0.0%
FNB	A	0.0%
PLUG	F	0.0%
ZI	D	0.0%
ALKS	B	0.0%
FIZZ	C	0.0%
CWEN	C	0.0%
TDC	D	0.0%
RDN	C	0.0%
HCP	B	0.0%
CAR	C	0.0%
EEFT	B	0.0%
HRI	B	0.0%
SNDR	B	0.0%
WK	B	0.0%
TENB	C	0.0%
FLO	D	0.0%
ALIT	C	0.0%
FRHC	B	0.0%
ST	F	0.0%
LBRDA	C	0.0%
OPCH	D	0.0%
W	F	0.0%
NFE	D	0.0%
BIRK	D	0.0%
OWL	A	0.0%
INSP	D	0.0%
ESI	A	0.0%
CRDO	B	0.0%
CZR	F	0.0%
MMS	F	0.0%
AMG	B	0.0%
COLB	A	0.0%
POST	C	0.0%
ACT	D	0.0%
ETSY	D	0.0%
BFAM	D	0.0%
XRAY	F	0.0%
REYN	D	0.0%
CNA	B	0.0%
NUVL	D	0.0%
DAY	B	0.0%
RDDT	B	0.0%
TMDX	F	0.0%
SAIC	F	0.0%
ALGM	D	0.0%
ZETA	D	0.0%
RBRK	A	0.0%
RH	B	0.0%
SLGN	A	0.0%
TKO	B	0.0%
APG	B	0.0%
BPMC	C	0.0%

AVLC Underweight 17 Positions Relative to FTC

Symbol	Grade	Weight
VTR	C	-0.82%
IRM	D	-0.79%
GEN	B	-0.73%
WELL	A	-0.51%
PSA	D	-0.44%
AMT	D	-0.41%
SPG	B	-0.35%
VICI	C	-0.31%
EXR	D	-0.3%
O	D	-0.29%
DLR	B	-0.18%
ESS	B	-0.17%
EQIX	A	-0.16%
AVB	B	-0.16%
SBAC	D	-0.15%
GLPI	C	-0.15%
CCI	D	-0.14%